New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-04

The market for railway bonds only moderately
the sharp decline in New-York. Chicago and IT. Louis
first Is from 81 to SO 6s9a. and the frmness OF the
seconds at 67O This occasioned by the ntcrpre
tatou given ~ the decision In the suit for foreclosure
declaring tho mortgage bonds absolutely invalid and
the second mortgages and stock of the company
valid II the decision rendered has been correctly
reported. IT seems to be case OF second
pleted Whether or not the New-York. Chicago and st.
Louis Railway Company In its organization strictly COM
which IL passes there can be little oun that
property belongs to the persons Tor their VINO
const ucted rom the proceeds Of the first mortgage
bonds Erie second consols were dull with small
sss up Quotation 10 Sss s ana Missouri and
Texas rsts per cent higher at liz; the general
81 wcrc y higher at par. and the IS were p higher az
s7a. Canada Southern first 5s were l05i9 interest
West Shore guaranteed Is opened strong at lOJd 1903
debentures of at 63ie Lake Shore first conSo rs
were steady at 1861 OK interest Coluiabns Hocslas
Indianapolis. Bloomington and Western nrsts were
easier a! sl'.. bu. the incomes aver. were u
per cent to 90. NewYork City and Northern general
o. advanced q per cent TO So Green Bay. wnona aud
Paul rsts cent 20 9S and the incomes were
q higher at 4Os Denver and Rio Grate H. were heavy
at 7s4d79 against sOia on Friday: and first westerns
per cent off at 10 Texas and Pa.c incomes were
about steady al 81 a614. Atlantic ami Pacific nrss.
Western Vision. sold interest a ss9as9 Northern
onds lO4. Fort W nth and Denver nrsts
were easier ~ S9iaa90i9 81 Joseph and Grand Island
OF unlisted securities dealt the Stock Exchange.
Cotton seed OIL certificates sold " 700 at 30 y "a 81
Chicago and Indiana Coal Railway 400 at 43s "A y
and preferred 1900 al 81 Lake Erie and Western sec
ond assessment paid 400 at 22A d23 d2J Denver
Rio Grande and Western 900 at 81 ST. Louis. Arkansas
aud Texas nrsts CS300O0 at 997solOO and seconds
($l2 0OOI AZ So 4 G56
The money ket early developed activity In
tcipatou Of q ipulation Ia make high rates and the
quotation COS per cent ls,sr II ruled at 6a4 per
and closed with the quotation offered at 4 per
cent" Tho arrivals OF foreign gold amounted to
81 642.SOO The subTreasury was debtor nj the Clear
Ing House S579.739.
The sub-Treasury today gained on balance s7.736.
made up by OF SlO7ses less coin loss
OF SiUOl52 The days operations covered: Receipts.
81 .5y5.5l2 payments. sl.5s771G; currency balance.
Sl7,9740ll : coin balance Sl52.2O6.32I
The Clearing House statement to-day was as follows:
Exchanges. yfs5, 1856, 2l3; balances. S6,5ls43G
The United states Treasury at Washington received
$54s. 900 National bank notes for redenp ion.
The customs receipts Si57SlO. and the internal
revenue receipts SOf053O.
The foreign exchanges were quiet aud steady at an
changed quotations for business follows: Bankers
bills "a SOL and - - for long and short sterling
iOr reichmarks $685. and 1873 for guilders.
In London Bni.h coDsos were strong and advanced Ia
100 - and l0l ll6 respectively for money aud
Money steady Al 49, for discounts Ia the
open market Bar sill, unchanged at 46hd. Irer
ounce, English standard American railways were quiet
$40, and sight exchange on London was
of TO 1915 francs to the g.
PUBLIC DEBT STATEMENT.
The public debt OF date shows decrease in
the Of total debt less cash ia the Treasury OF
50 1858 2O2 but the reduction Is principally due TO
accumulation OF funds rather than 10 the reduction OF
ST 300 900 IN the amount OF the funded debt.
The following compares the statement OF 10 day with
that Of December !, 1856: